Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Oil & Gas, Basic Materials and Industrials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 2.86% to hit a new 52-week low.
The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 2.15% or 1.62 points to trade at 76.86 at the close. Swedish Match AB (ST:SWMA) fell 0.28% or 1.0 points to end at 358.0 and Telia Company AB (ST:TELIA) was down 1.06% or 0.44 points to 41.16 in late trade.
Biggest losers included Boliden AB (ST:BOL), which lost 6.10% or 12.30 points to trade at 189.50 in late trade. Autoliv Inc . SDB (ST:ALIVsdb) declined 6.09% or 47.2 points to end at 727.4 and Hexagon AB ser. B (ST:HEXAb) shed 5.57% or 24.5 points to 415.4.
Declining stocks outnumbered rising ones by 532 to 119 and 37 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for January delivery was down 3.72% or 1.97 to $50.92 a barrel. Meanwhile, Brent oil for delivery in February fell 3.77% or 2.32 to hit $59.24 a barrel, while the February Gold Futures contract rose 0.25% or 3.10 to trade at $1245.70 a troy ounce.
EUR/SEK was up 0.55% to 10.2425, while USD/SEK rose 0.26% to 9.0036.
The US Dollar Index Futures was down 0.28% at 96.743.